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The European Council unanimously and in agreement with the UK Government extended the deadline for withdrawal under Article 50 until 31 October 2019. While the German government is still assuming that Britain’s withdrawal from the EU will be orderly, it is also preparing for a possible “no deal” scenario. Our dedicated Brexit page includes important information on preparations for Brexit in the areas of financial markets, customs, budgetary issues and taxation.

The Finance Ministry offers interesting and varied opportunities both in Germany and abroad. Globalisation, the continuing threat to our security from international terrorism, and Germany’s growing responsibilities – not just in Europe but all around the world – have meant that the Finance Ministry’s work has become more international in recent years.

Federal Minister of Finance Olaf Scholz is responsible for all aspects of German fiscal and tax policy and determines the broad outline of budgetary policy. In performing these functions, he is supported by two permanent state secretaries and four permanent state secretaries.